MSE News: Green Deal launches to help insulate homes

geoffky

This is for the financially illiterate....By big business for big business..

murphydog999

marliebee wrote: »

So the reader living in an off gas area in a solid wall house which will cost a lot to insulate will probably be able to benefit from a significant ECO grant to top up their Green Deal plan.

There is a Prezi on the PlanLoCaL website which explains it a bit better... I can't post the link but go to the section on Green Deal and ECO and in the downloads on the right hand side look for the Prezi link.

I've just had a look at this - it being of particular interest - and it seems you are in between a rock and a hard place. The ECO grant can only be taken with the green deal finance, not as a separate grant.

I don't want an overinflated loan, for over inflated products, but I would like some help to make my highly inefficient home more so. Or is this just wishful thinking?

spiro

atarisrocks wrote: »

who pays for it in rental properties when the tenant pays for bills?

will it be a case of the landlord getting a nice upgraded house and being able to charge more rent as they will claim it all newly refitted and energy saving and then the tenant having to pay more on top when the bills come in?

also will the landlord have to declare this to new tenants or will they get a shock when the bill arrives with a sub charge on it?

The Bill Payer always pays for the GD regardless of who the improver is.
How do you find out about it - all rentals and sales must now provide a copy of the EPC un front which will include details of the GD.

[Deleted User]

This scheme is clearly designed to give big companies a jobs boost for the economy. It is not setup in the best interests of the majority of consumers.

One thing about this scheme is that it does nothing for local tradesmen which have served their time, passed qualifications which need to be kept up to date, built up a business and employ local people. But on top of this, more so than the MCS scheme, the trades have to jump through even more very expensive courses which of course does nothing but to increase prices.

So basically this scheme helps the Govt., big business, utility cos and banks.

Who the !!!! wants to buy a house with long term loan attached to it???

Is it not too much debt that got this country where it is and now even more of it is being pushed???

This is just a scheme to sqeeze even more out the already fleeced tax payer.

Lastly, I'm still waiting for the RHI farce to be sorted out.

Rant over

victor2

Judging by the comments on here, we're all either a cynical bunch or it's yet another government screw-up sitting in the wings....

diywhynot

victor2 wrote: »

Judging by the comments on here, we're all either a cynical bunch or it's yet another government screw-up sitting in the wings....

A bit of both I'd say.;)

diywhynot

marliebee wrote: »

You can get accredited without having to be able to install all the measures. You can be a Green Deal Installer - you don't need to be a Green Deal Provider to be able to get work out of the initiative.

And how much will that cost (time and money) the sole trader/small business I wonder? Set up for the big boys I believe.

diywhynot

marliebee wrote: »

What everyone seems to have missed so far in this thread is something called the Energy Company Obligation (ECO) which is being introduced alongside the Green Deal to provide additional funding where the 'Golden Rule' won't work.

Where the Golden Rule does apply, a householder could go for a Green Deal plan. The interest rate isn't the best in the world but it's certainly not bad, and if someone is able (and would prefer to) access cheaper interest rates on a personal loan to make improvements there is absolutely nothing stopping them from doing so!

But where it doesn't work (because the payback period would be too long to cover the cost of the improvements in the duration of the Green Deal loan period) there are 'top up' funds available through the ECO.

So the reader living in an off gas area in a solid wall house which will cost a lot to insulate will probably be able to benefit from a significant ECO grant to top up their Green Deal plan.

There is a Prezi on the PlanLoCaL website which explains it a bit better... I can't post the link but go to the section on Green Deal and ECO and in the downloads on the right hand side look for the Prezi link.

And there's more info on Green Deal (also from the Centre for Sustainable Energy, a national energy charity which provides impartial advice) on the advice section of their website.

The media hype is making it sound like a rubbish initiative but it's actually a smart way of financing improvements to homes without us having to stump up thousands of pounds up front.

But yes... for properties with cavity walls or uninsulated loft spaces, we all should have gone for the 'free' insulation offers while they were available!

Welcome to MSE. Just curious, do you have any connection to the Green Deal?

Ecodave

Diywhynot - interesting, when someone posts further (informed) detail that doesn't go along with your ill informed thinking, you choose to cast aspersions as to their motives.

Ps - I have a vested interest.

tim123456789

HappyBunny wrote: »

I don't know why everyone didn't take the free loft and wall insulation when they had the chance.

because not everybody knew about it

tim